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According to the sponsored content sender, the pre-sale of Kangamoon (KANG), whose future is uncertain, is allegedly being followed by some crypto lovers. It is curious what this new project will do in 2024. Therefore, Ethereum and Binance holders are also searching for information about the KANG token project and its team. The project is new and its future is uncertain, and the investment carries the risk of loss.
Ethereum Staking Participation Rate Increases by 25%
The Ethereum blockchain is observing an increase in its staking. According to IntoTheBlock, participation in Ethereum staking increased by 25%. So, as of February 11, the total amount of Ethereum staked by users was 38.69 million ETH.
This means that users are actively staking ETH tokens on the Ethereum network to receive rewards. According to experts, increased staking means people’s faith in Ethereum’s proof-of-stake consensus mechanism is growing.
Accordingly, Ethereum’s price action has also been positive. Over the last seven days, the price of Ethereum increased by 14% to $2,649.92.
Binance (BNB) Announces Transfer of Its Shares on the Korean Stock Exchange
Despite the price increase, Binance does not see any improvement in its market image. The price of Binance (BNB) increased by 8% last week and rose to $325.93.
In particular, over the last few months, Binance has been under pressure from regulators around the world. In the most recent incident, Binance encountered problems in Korea. According to the report, Binance announced that it will transfer its shares to GOPAX.
Previously, Binance acquired a 72.26% stake in GOPAX, a major exchange in the Korean market. This statement was made after Binance failed to receive share revision approval from Korean regulators.
Kangamoon, Pre-Sale Under Close Review
According to the sponsored content poster, around 64% of crypto investors invest in meme coins while expecting high returns. However, meme coins are high-risk assets as they do not offer any real-world use. Owners make money largely due to market speculation and hype. A new project, Kangamoon, has introduced a unique meme token with multiple uses. The project is new and its future is uncertain.
It combined the features of SocialFi and GameFi tokens. The project will offer a game-based ecosystem where players can win by playing. The gameplay of the project will allow players to create game characters with unique abilities. It aims to create a community of like-minded people interested in memes and games. It is not certain, it may fail.
On the platform, players can participate in weekly, monthly and quarterly challenges to win exclusive rewards and gifts. These rewards will have tangible value outside of the game and can be traded. Additionally, Kangamoon may also allegedly launch a marketplace where players can buy and sell rare in-game assets. The project is new and its future is uncertain.
Ethereum-based KANG will be the native crypto of the project’s ecosystem. Owners will receive many benefits and will be able to create a steady source of income over time. According to the project developers, a total of 1 billion KANG tokens will be in circulation, 60% of which is reserved for the pre-sale round.
According to the content poster, Kangamoon pre-sale tokens are being closely investigated. Currently, the presale of KANG tokens is in Phase 1, available at a price of $0.005.
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*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before investing!
